Standby and Commercial Letters of Credit
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Description
Why Wade Through Treatises about Letters of Credit? Use This Practical Manual
The book alerts you to current developments and discusses the recent UCP600, former UCP500, ISP98, UCC Article 5, and current trade practices and problems. The authors review letter of credit law and practices, helping to resolve concerns of applicants, beneficiaries, and issuers. Standby and Commercial Letters of Credit, Third Edition, gives you immediate guidance when you need it most. And it supplies real-world letters of credit situations, with analyses of what was done right and wrong. The book includes:
The book alerts you to current developments and discusses the recent UCP600, former UCP500, ISP98, UCC Article 5, and current trade practices and problems. The authors review letter of credit law and practices, helping to resolve concerns of applicants, beneficiaries, and issuers. Standby and Commercial Letters of Credit, Third Edition, gives you immediate guidance when you need it most. And it supplies real-world letters of credit situations, with analyses of what was done right and wrong. The book includes:
- Sample forms and clauses, procedures and checklists
- Current court cases and extensive Table of Cases
- What can happen to letters of credit in bankruptcy and insolvency proceedings
- Fraud and injunction nightmares
- Cross-reference table UCP600 and UCP500
- Strategies for bank reimbursement agreements
